FTX Pushes To Nullify Value Of 'Sam Coins' Amid Bankruptcy Proceedings  

Marczek Yanukowski

Other 2 months ago
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The troubled cryptocurrency exchange FTX is currently pushing to nullify the value of certain tokens tied to its founder, Sam Bankman-Fried, in an ongoing bankruptcy trial. What Happened: During a court hearing on March 26, FTX's lawyers asked the bankruptcy judge John Dorsey of Delaware to disregard claims for these tokens, often referred to as ‘Sam Coins', considering them worthless.